profits

Henderson Group has retained a better than expected 77% of New Star fund assets but warned first half profits will be half the level of a year ago.

The number of profit warnings issued by UK companies in the three months to the end of June fell to the lowest level since the same period in 2003, a report shows.

Liontrust's European Absolute Return fund has now launched, to be co-managed by Gary West and James Inglis-Jones.

Schroders has announced a better than expected 35% profit-hike thanks to strong higher-margin product...